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Business and Economic News

Sky-high CEO pay is in focus as workers everywhere are demanding higher wages

Sky-high CEO pay is in focus as workers everywhere are demanding higher wages

As autoworkers' real wages fall, top executives at the Big Three carmakers continue to earn tens of millions of dollars each year — hundreds of times more than the median employee.
by Danielle Kaye and Andrea Hsu

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Gas prices still running high in Minnesota, but relief may be near

Gas prices still running high in Minnesota, but relief may be near

The average price of gas across Minnesota has continued to inch up this week after a significant spike last Thursday and Friday. But there may be relief in the coming days.
by Tim Nelson

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Union workers at Hormel Foods plant in Austin to vote on 'final' contract offer

The union representing about 1,700 meatpacking workers at the Hormel Foods plant in Austin, Minn., says they’ll vote this week on a contract proposal it’s calling a “final offer” from the company.
by MPR News Staff

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Lufthansa to start offering service between Twin Cities, Frankfurt

Lufthansa to start offering service between Twin Cities, Frankfurt

Lufthansa plans to start offering flights between the Twin Cities and Frankfurt next year. Airport officials said the route will begin June 4. Lufthansa will fly the Twin Cities-Frankfurt route year-round, five days a week.
by Andrew Krueger

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Already battling staffing shortages, nursing homes brace for Biden's potential mandatory minimums

Already battling staffing shortages, nursing homes brace for Biden's potential mandatory minimums

Despite receiving more than $9 billion in COVID-19 emergency funding, nursing homes across the country remain chronically understaffed. The Biden Administration is working to fulfill a State of the Union Address promise to require nursing homes to have more staffing along with 24/7 care which means more hiring nationwide from a strained pool of workers.
by Cathy Wurzer, Gracie Stockton and Lukas Levin

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Metro Transit workers vote to authorize strike

Metro Transit workers vote to authorize strike

Hundreds of members of the union that represents Metro Transit workers in the Twin Cities have authorized a strike. The vote doesn’t mean there will be a work stoppage yet — but it does empower the union’s leaders to call a strike.
by Tim Nelson

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Indigenous tribes urge federal officials to deny loan request for Superior natural gas plant

Indigenous tribes urge federal officials to deny loan request for Superior natural gas plant

Indigenous tribes in Michigan, Minnesota and Wisconsin are asking federal officials to deny a utility's request for a loan to cover its share of a natural gas-fired power plant on the shores of Lake Superior. 
by The Associated Press

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Bars as safe spaces for people of color in Minneapolis

Bars as safe spaces for people of color in Minneapolis

Safe social space for people of color in America — and Minnesota — can still feel rare. Bars and restaurants are an important part of providing that space.
by Mecca Bos

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